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Bethlehem

2 Jude Place, Bethlehem, Tauranga & Surrounds

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953sqm Floor area
2,088sqm Land area SQM
21 Offstreet

Auction

(unless sold prior)

Superb suburban shopping block


- Standalone near new shopping centre in superb location
- Profile freehold corner site with strong street appeal
- Immaculately presented modern commercial building
- Strong income earner with impressive cash flow

Ridge Plaza is a four year old shopping centre comprising seven shops fully leased to six tenants and includes 21 onsite car parks. The complex provides a convenient mix of retail, service and health related tenancies on various lease terms with realistic rental rates providing potential for future growth.
Being of recent construction the building presents extremely well providing top quality and very modern suburban style retail accommodation. Each tenancy is of a popular size and is suited to a wide range of uses.
This busy retail site is positioned on the corner of Millers Road and Jude Place in the desirable location of Bethlehem east. Ridge Plaza services both passing traffic and the rapidly growing surrounding residential area which straddles the suburbs of Bethlehem and Brookfield.
Commercial opportunities of this calibre are scarce in the Tauranga market and this multi tenanted split risk investment must command serious attention. Astute investors will most certainly recognise the strong attributes and rewards of securing the ownership of this near new Ridge Plaza retail asset. Quite simply a standout investment not to be missed!

Auction
(unless sold prior)

247 Cameron Road, Tauranga

28

Nov

Time1pm
Calander
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Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lynn Bradley

Lynn Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Ryan Bradley

Ryan Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Income earner


Strong income earner with impressive cash flow

SIte


Profile freehold corner site with strong street appeal

Tenancy


Fully leased to six tenants returning $155,575 + GST p.a.